18 February 2009 Archive

Don't get caught in a personal loan trap

Personal loan customers are trapped by rising rates

While lenders have faced strong pressure from the government to lower their mortgage rates in line with Bank of England interest cuts, many customers taking out personal loans have been shocked to find their variable rates have been increasing - while some existing borrowers have also seen rates hiked.

Borro: More borrowers using pawnbroking

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Online pawnbroking is moving into mainstream territory as borrowing from banks and building societies becomes more difficult.

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